Service Properties Trust (SVC) News
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SVC News Highlights
- For SVC, its 30 day story count is now at 5.
- Over the past 28 days, the trend for SVC's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- The most mentioned tickers in articles about SVC are HALL, RHP and WSR.
Latest SVC News From Around the Web
Below are the latest news stories about Service Properties Trust that investors may wish to consider to help them evaluate SVC as an investment opportunity.
NEWTON, Mass., February 24, 2022--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2021.
Whitestone (WSR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
New York, NY, based Investment company Siguler Guff Advisers, Llc (Current Portfolio) buys Fathom Digital Manufacturing Corp, Frontier Communications Parent Inc, Service Properties Trust, sells International Seaways Inc, Oscar Health Inc, Palantir Technologies Inc, Clover Health Investments Corp, Ambac Financial Group Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Siguler Guff Advisers, Llc.
In this Fool Live video clip, recorded on Jan. 14, Fool.com contributors Matt Frankel and Jason Hall each give their picks for the best hotel stocks to play the travel rebound. Matt Frankel: Hospitality generally means hotels when you're talking about real estate. My pick is Ryman Hospitality Properties (NYSE: RHP).
NEWTON, Mass., January 27, 2022--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its fourth quarter 2021 results after the Nasdaq closes on Thursday, February 24, 2022. On Friday, February 25, 2022 at 10:00 a.m. Eastern Time, President and Chief Executive Officer John Murray, Chief Financial Officer Brian Donley and Chief Investment Officer Todd Hargreaves will host a conference call to discuss these results.
NEWTON, Mass., January 18, 2022--Service Properties Trust (Nasdaq: SVC) today announced that the characterization of dividends for 2021 income tax reporting purposes is as follows:
NEWTON, Mass., January 13, 2022--Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to SVC’s common shareholders of record as of the close of business on January 24, 2022, and distributed on or about February 17, 2022.
The hotel industry is focused on the provision of short-term lodging, including hotels and motels, as well as accommodation-related services. The hotel industry is split into two main categories of companies: C-corporation hotels, such as Marriott International Inc. (MAR) and Hilton Worldwide Holdings Inc. (HLT); and hotel real estate investment trusts (REITs), like DiamondRock Hospitality Co. (DRH) and Park Hotels & Resorts Inc. (PK). C-corp hotels generally are engaged in hotel management, branding and marketing, and sometimes franchise licensing.
NEWTON, Mass., January 03, 2022--Service Properties Trust (Nasdaq: SVC), or SVC, today announced that it reached an agreement with Sonesta International Hotels Corporation, or Sonesta, to amend their existing management agreements effective January 1, 2022. SVC currently owns 262 hotels that are managed by Sonesta and 68 of these hotels are expected to be sold, or the sale hotels. Among other terms, the changes to the agreements between SVC and Sonesta for 194 hotels, or the retained hotels, are
Shareholders in Service Properties Trust (NASDAQ:SVC) have lost 60%, as stock drops 10% this past week
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